The SBI Fund Management report says China invests 42% of GDP & consumes 40%, while US invests 22%, but household consumption stands at 68%, showing stark differences in economic priorities.
Both central and state governments, which can create a fair amount of high-quality jobs, cannot any more do so on scale because their welfare spending is going through the roof.
When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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